Jesus D. Loera

Credit Facts

Types of Credit Cards

Low limit Credit cards - For young beginners, less risk
Secure or Prepaid credit card - Pay for what you’ll pay for before you buy it
Student Credit Card -

Before you get a credit card, make sure you understand the following...

-APR - Yearly cost for money borrowed, rises with late payments,

-Credit Limit - Total amount of money you’re allowed to borrow

-Interest - Not paid if credit bill is paid in full

-Late payments may cause fees and fees after fees can put you in a hole

-Credit Report - Check report at least yearly